World Development Indicators Analysis - 2022

Daisy Cossio Garcia

2025-02-26

World Development Indicators Analysis - 2022

Introduction

  • The World Development Indicators (WDI) dataset provides key global economic and social metrics.
  • We analyze GDP per capita, life expectancy, and unemployment rates across different countries in 2022.

GDP Per Capita

  • Definition:Measures economic output per person.
  • Higher GDP per capita usually correlates with higher living standards.
  • Significant disparities exist between countries.
(217, 14)
       country  inflation_rate  exports_gdp_share  gdp_growth_rate  \
0  Afghanistan             NaN          18.380042        -6.240172   
1      Albania        6.725203          37.197085         4.826688   
2      Algeria        9.265516          30.808979         3.600000   

   gdp_per_capita  adult_literacy_rate  primary_school_enrolment_rate  \
0      357.261153                  NaN                            NaN   
1     6846.426143                 98.5                      96.371231   
2     4961.552577                  NaN                     108.343933   

   education_expenditure_gdp_share  measles_immunisation_rate  \
0                              NaN                       56.0   
1                         2.744330                       86.0   
2                         4.749247                       79.0   

   health_expenditure_gdp_share  income_inequality  unemployment_rate  \
0                           NaN                NaN             14.100   
1                           NaN                NaN             10.137   
2                           NaN                NaN             12.346   

   life_expectancy  total_population  
0           62.879        40578842.0  
1           76.833         2777689.0  
2           77.129        45477389.0

Life Expectancy

  • Life expectancy varies widely across nations.
  • Typically higher in wealthier countries.
  • Health expenditure and quality of life impact this measure.

Slide 4: Unemployment Rate

Unemployment Rate

  • Reflects the percentage of the labor force that is unemployed.
  • Higher in developing economies.
  • A key indicator of economic health.

Slide 5: Conclusion

Conclusion

  • Economic indicators vary significantly across nations.
  • Key takeaways:
    • Higher GDP per capita often leads to better health outcomes.
    • Unemployment remains a challenge in many developing economies.
    • Policymakers should focus on inclusive economic growth.

Thank you!